By Kiku Steinfeld
Chicago, July 6 – GS Finance Corp. priced $10.39 million of 0% index-linked notes due June 30, 2025 tied to the Nasdaq-100 Technology Sector index and the Technology Select Sector index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes at or above its initial level, the payout will be par plus 1.2462 times the return of the lesser performing index.
If either index declines by up to 25%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline of the lesser performing index from its initial level.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying indexes: | Nasdaq-100 Technology Sector index and Technology Select Sector index
|
| Amount: | $10,390,000
|
| Maturity: | June 30, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If each index finishes at or above its initial level, par plus 1.2462 times the return of the lesser performing index; if either index declines by up to 25%, par; 1% loss for every 1% decline of the lesser performing index from its initial level
|
| Initial levels: | 5,864.107 for Nasdaq-100 Technology Sector, 1,043.41 Technology Select Sector
|
| Pricing date: | June 25
|
| Settlement date: | June 30
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.1%
|
| Cusip: | 40057CCG4
|
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